Godrej consolidates Nature’s Basket; puts in place new management team

Godrej group is reworking the business of its gourmet food retail chain Godrej Nature’s Basket and is in the process of consolidating the chain.

Godrej Nature's Basket, which is aiming for sustainable profitable growth through Omnichannel expansion over the next three to five years, has also put in place a new management team

According to a PTI report: Godrej Nature’s Basket, which is aiming for sustainable profitable growth through Omnichannel expansion over the next three to five years, has also put in place a new management team.

“We are in the process of consolidating our business as you might know,” Executive Director & Chief Brand Officer, Godrej Industries, Tanya Dubash was quoted by PTI as saying.

She was responding to a query on the company’s strategy for Nature’s Basket business going forward as it has closed down some of the stores.

“We have got a new management in the beginning of this year, we also got Bain & Company to help us with the strategy and we are working strongly on that, we have identified new value proposition, we have got a good new senior management team,” Dubash was quoted by PTI as saying.

She said the company would be “in a better position towards the end of the year to outline the strategy more clearly” on Nature’s Basket business.